Noel Tata's Trent Legacy: From Loss-Making Retailer To Tata Group Powerhouse

Noel Tata has signalled the end of his chairmanship at Trent, bringing the curtain down on one of the most remarkable retail transformations in corporate India. When Noel Tata took charge, Trent was a loss-making venture with the Tata Group having little presence in organised retail after the sale of Lakmé. Over the years, he built Westside into a leading fashion brand, expanded Star Bazaar through a partnership with Tesco, and transformed Zudio into one of India's fastest-growing value-fashion chains. Today, Trent has evolved into a profitable retail powerhouse with revenues exceeding ₹25,000 crore and significant value creation for shareholders.